That's correct, if you bought any coin in time, you wouldn't be down right now, but a lot of coins now are trading well below the last bear market low.
So for a lot of people it's a big problem, Could be labelled normal But that takes some time to play out we will have to wait Until then the greed will, Bring us more short lived alt seasons in the future.
Because this time smaller altcoins tanked 80% below BTC even dipped below 90k. Most people are in alt coins, so most people react currently on 50-80% drawback on alt coins.
Last cycle they dropped 70% when BTC went down 50%, This cycle is not the same as last one but for me stil no Panic if u bought on time the dips we have this month would be no problem.
This cycle there were two waves of alt seasons so far. But if you missed the first one it sucks so far In the second wave a few weeks back. All volume went into old big caps like xrp, XLM, ADA. So smaller coins did not very well.
Hive has been trying to maintain and sustain some of its gains still trading above 0.2$ although more funds are to going into any risk asset at the moment as market is still reaction to President Trumps tariffs on both European, Mexico and Canada, and with the uncertainty surrounding the world right now most institutions are holding on to their cash position.
So trade carefully.
